US sends Egypt first wheat shipment in four months

Egypt has bought US wheat for the first time in four months, Bloomberg reported. US authorities “inspected 51,603 tons of wheat for export to Egypt in the week ended May 4, U.S. Department of Agriculture data showed on Monday. The last shipment to the country was in mid-January.” Egypt “probably bought that last week when we had the freeze and the weather concerns … There may be some issues bubbling up with other suppliers — Europe’s a little dry, Russia’s a little bit dry.” said Don Roose, president of US Commodities Inc. Egypt has not been a major buyer of US wheat recently, as supplies from countries including Russia, Ukraine and Romania proved more attractive.